Graball, TN Economy


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Graball, TN is a small town located in the southeast part of Tennessee. It is known for its low cost of living and affordable housing costs. Rent for a two bedroom apartment or home in Graball is only $1,180 per month, which is significantly lower than the US average of $1,430. The grocery cost index in Graball is also quite low, with an index of 99 compared to 100 in the United States. A few local businesses in Graball include Grable's Grocery Store, Miller's Hardware Store, and Smith Automotive Repair Shop. All three offer quality products and services to the residents of Graball at very competitive prices.

Graball has an unemployment rate of 4.3%. The US average is 6.0%.

Graball has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 51.4%, which is higher than the US average of 33.5%.

Tax Rates for Graball
- The Sales Tax Rate for Graball is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Graball is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Graball
- The average income of a Graball resident is $32,042 a year. The US average is $28,555 a year.
- The Median household income of a Graball resident is $71,369 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGraball, TennesseeUnited States
  4.36
  -5.8%-6.2%
  51.4%33.5%
  9.3%6.2%
  0.0%4.6%
  $28,388$37,638
  $71,369$69,021
  $71,667$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  31.0%6.8%
  0.0%10.0%
  0.0%2.5%
  19.7%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  9.9%7.6%
  0.0%0.1%
  0.0%4.2%
  8.5%9.3%
  22.5%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  8.5%4.7%
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